hi frnds, now i’m attaching a ppt on how to maintain contracts.. rgds, hanuma
From India, Kakinada
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19From India, Kakinada
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Its fantastic... i was preparing the same today with one of my collegue.. your presentation gave me lots of inputs.. i ll post it once i have prepared for my company
From India, Pune
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From India, Pune
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Hi Dear, This PPT is very informative and useful for attending the interviews as well. Please share these kinds of information more. God bless you ..... Thanks a lot. Best regards, Pervez Ahmed S
From United Arab Emirates, Dubai
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From United Arab Emirates, Dubai
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Contract Management: Contract is another name for a business relationship. Understandably, companies and government undertakings engage in numerous contractual relationships with various companies and suppliers. A company may enter into a contractual relationship with the state to secure a project, license, or business. Companies and government undertakings also form contractual relationships with raw material and component suppliers and service providers. Additionally, companies establish relationships with distributors, wholesalers, and retailers to sell their products and services.
Liberalization and globalization of the Indian economy have brought about significant changes in business relations. With liberalization, business entities have the choice of whom to contract with and what to contract for. As the economy has become competitive, there has been substantial outsourcing of activities. A large segment of the economy has opened up for private participation, particularly in infrastructure development, including highways, electricity, telecommunications, airports, and railways. These changes have led to a proliferation of contractual relationships. As a result, managing contracts for the supply of goods and services has become a dominant activity for managers in both the public and private sectors. Contract failures can lead to inefficient performance, financial losses, work disruptions, initiation of arbitration and litigation, loss of reputation, and other direct and consequential losses. Thus, it has become important for executives to understand the rights, responsibilities, and obligations arising from contracts.
About the Faculty: A Senior HR & Legal Consultant with 32 years of versatile industrial experience in the fields of HR, IR, and Legal. Enrolled as an Advocate at the Bar Council of India in Hyderabad. Worked for HR and Legal Departments of major groups like UB, ITC, TATA's, Pitti Laminations, and Nagarjuna Groups. Has rich expertise and experience in both HR, IR, and Legal. He was trained at “SUMEDHAS,” the only HR process lab in Asia. He is also well-versed with international accreditations like SA 8000, Deming Prize, IQRS, TQM, etc. Postgraduate in Law from Andhra University.
Program Coverage:
Program Date: 17th September 2016 -- Saturday
Duration: 1 day – 9:30 am to 5:30 pm
Methodology: Interactive, Case Studies, and Exercises.
Target Audience: Purchase Managers, Supply Chain Managers, Legal Professionals, Consultants and Advisors, Sourcing & Procurement Managers, Vendor Interfacing Executives.
Venue: Hotel Aditya Hometel, Ameerpet - Hyderabad.
For Registrations, please call Ms. Sowjanya or Mr. Sanjay Varma TEL: 040 – 65140345 to 49 OR 0772 999 5538 / 772 999 5539 OR e-mail: [Email Removed For Privacy Reasons]
Topic Contents
Pre-Lunch
- Introduction
- What is a Contract?
- Difference between an Agreement and a Contract?
- What makes a Contract enforceable?
- Types of Contracts
- Nature and Scope of the Indian Contract Act, 1872
- Drafting a Contract
- Elements of Contract Drafting
- Important points and some practical tips for drafting a Contract
- Contract Elements in detail
- Essential Clauses
- Most common mistakes in Contract drafting
Post-Lunch
- Putting a Contract together
- Organizing a Contract and its provisions
- The Drafting process
- Drafting the first draft
- How to review and comment on a Contract
- Amendments, Consents, and Waivers
- Performing the Contract
- Remedies for breach of Contract
- Consequential Loss
- Liquidated Damages, “Penalties,” and Incentives
- Legal Issues & Precautions in Electronic Contracts & Information Technology Act
Regards,
[username]
From India, Hyderabad
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Liberalization and globalization of the Indian economy have brought about significant changes in business relations. With liberalization, business entities have the choice of whom to contract with and what to contract for. As the economy has become competitive, there has been substantial outsourcing of activities. A large segment of the economy has opened up for private participation, particularly in infrastructure development, including highways, electricity, telecommunications, airports, and railways. These changes have led to a proliferation of contractual relationships. As a result, managing contracts for the supply of goods and services has become a dominant activity for managers in both the public and private sectors. Contract failures can lead to inefficient performance, financial losses, work disruptions, initiation of arbitration and litigation, loss of reputation, and other direct and consequential losses. Thus, it has become important for executives to understand the rights, responsibilities, and obligations arising from contracts.
About the Faculty: A Senior HR & Legal Consultant with 32 years of versatile industrial experience in the fields of HR, IR, and Legal. Enrolled as an Advocate at the Bar Council of India in Hyderabad. Worked for HR and Legal Departments of major groups like UB, ITC, TATA's, Pitti Laminations, and Nagarjuna Groups. Has rich expertise and experience in both HR, IR, and Legal. He was trained at “SUMEDHAS,” the only HR process lab in Asia. He is also well-versed with international accreditations like SA 8000, Deming Prize, IQRS, TQM, etc. Postgraduate in Law from Andhra University.
Program Coverage:
Program Date: 17th September 2016 -- Saturday
Duration: 1 day – 9:30 am to 5:30 pm
Methodology: Interactive, Case Studies, and Exercises.
Target Audience: Purchase Managers, Supply Chain Managers, Legal Professionals, Consultants and Advisors, Sourcing & Procurement Managers, Vendor Interfacing Executives.
Venue: Hotel Aditya Hometel, Ameerpet - Hyderabad.
For Registrations, please call Ms. Sowjanya or Mr. Sanjay Varma TEL: 040 – 65140345 to 49 OR 0772 999 5538 / 772 999 5539 OR e-mail: [Email Removed For Privacy Reasons]
Topic Contents
Pre-Lunch
- Introduction
- What is a Contract?
- Difference between an Agreement and a Contract?
- What makes a Contract enforceable?
- Types of Contracts
- Nature and Scope of the Indian Contract Act, 1872
- Drafting a Contract
- Elements of Contract Drafting
- Important points and some practical tips for drafting a Contract
- Contract Elements in detail
- Essential Clauses
- Most common mistakes in Contract drafting
Post-Lunch
- Putting a Contract together
- Organizing a Contract and its provisions
- The Drafting process
- Drafting the first draft
- How to review and comment on a Contract
- Amendments, Consents, and Waivers
- Performing the Contract
- Remedies for breach of Contract
- Consequential Loss
- Liquidated Damages, “Penalties,” and Incentives
- Legal Issues & Precautions in Electronic Contracts & Information Technology Act
Regards,
[username]
From India, Hyderabad
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